Economy

The third-party channel has broken 70 per cent market share for the first time in history, new MFAA data shows.

Data averages are ‘masking’ increased mortgagor stress levels over their home loan debt, a NAB behavioural economist has explained.

The central bank’s monetary policy approach has been criticised, the panel responsible for the review has revealed.

Making news this week … high inflation “only temporary”, RBA says, ‘mortgage stress’ highest since pre-pandemic, RBNZ delivers biggest rate hike yet, tighter regulation push for BNPL, ...

While current high inflation came as ‘a shock’ its pressure could get ‘more variable’, the central bank has warned.

New Zealand’s central bank raised the official cash rate by a record 75 bps to 4.25 per cent.

The think tank has firmly laid down its economic productivity suggestions on the eve of RBA governor Philip Lowe’s CEDA dinner speech.

The central bank is not expected to introduce pre-emptive policies in regard to inflation despite what recent data has shown, Westpac’s chief economist says.

A pause in the cash-rate hike trend seems unlikely, after ABS Q3 data revealed wage inflation growth.

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